This service pack is specially designed for traders, who are trading in MCX Bullion(Gold , silver) i.e. all the commodity bullion. Under this package the service would be provided via mobile by sms during the market hours. On an average 60-70 Calls would be given per month.

This service pack is specially designed for traders, who are trading in MCX ENERGY (CRUDE OIL AND NATURAL GAS) i.e. all the ENERGY SCRIPS . Under this package the service would be provided via mobile by sms during the market hours. On an average 40-50 Calls would be given per month.

12 Feb 2013

A day after Russian central bank announced adding 570 tons of gold to it's reserves in the last ten years, a top industry body sees country’s gold production at 226 tons in 2012.
According to Russian Gold Industrialists' Union, country's gold production is likely to increase by 5 percent this year from 226 tonnes in 2012.
The Union said Russia may increase production by 5 percent a year till 2020 if gold prices remain high. In 2011, Russia produced 222 tons of gold, driven by the development of Polyus Gold's projects.
Polyus, Russia's largest gold miner increased output last year by 12 percent to 1.68 million ounces, thanks to further improvement in recovery rates and higher processing volumes.
Another major producer, Polymetal’s gold production jumped 33 percent to 589,000 ounces. Gold averaged $1,668.77 an ounce last year.
London Metal Exchange gold forward contracts show that traders forecast the price to reach $2,700 an ounce in 2023.
China, the U.S and Australia are the world’s three biggest producers.

Copper futures were down for a second day on Tuesday, as market sentiment remained cautious ahead of U.S. President Barack Obama’s State of the Union speech later in the day and the upcoming meeting of the G20 group.
Activity was subdued with market participants in China away for the Lunar New Year holiday.
China is the world’s largest copper consumer, accounting for almost 40% of world consumption last year.
On the Comex division of the New York Mercantile Exchange, copper futures for March delivery traded at USD3.713 a pound during European morning trade, down 0.25% on the day.
New York-traded copper prices fell by as much as